Bitcoin - Intraday - We look to Buy a break of 41414 (stop at 40528)
Daily signals are bullish.
This over-extended move shows no sign of slowing.
Pivot resistance is at 41340.
A break of 41340 is needed to confirm follow through bullish momentum.
Our profit targets will be 43888 and 44688
Resistance: 41000 / 42000 / 44000
Support: 40000 / 39500 / 38000
Bitcoin’s Dominance is currently located at all time lows. The lowest BTC dominance was at 35% when Altcoins were popping back in early 2018.
After the dominance started to increase, the whole market was taking hits especially altcoins.
Now the daily chart of Bitcoin’s dominance is suggesting that the dominance is again about to rise and this can mean few...
Our updated Bitcoin chart shows momentum is building again.
Price had finally broken over the 'cursed resistance' as we expected and we took profit perfectly at the top .
Yesterday's post was also satisfied as the price did correct (after Amazon rumor denying the first amazon rumor). Read this post and see how we called exactly what happened before it...
'Reply at the right time', the ancient Greek maxims said.
Well, today is the time to reply to some of you asking ' why I gave up on Binance '
Forgive my voice and sneezing during the video but I have Covid (not sure who is worse, Covid or Binance, the new covid is mild but Binance is still hungry and ready to bite😹)
What do you guys want me to tell you?
In this post, I'll be shedding light on a speculative theory involving Bitcoin's breakout pattern for the long term.
This analysis is based on time periods, the wyckoffian theory of accumulation and supply/demand, as well as breakout strategies.
- To begin with, we can see that Bitcoin, over the long run, has undergone phases of accumulations
34800 and 37360 are support levels with high probability of being checked before rising higher
39500 is the first resistance, the one we took profit at today whereas 41100 and 46000 are the next resistance levels and take profit levels at the same time.
again, AMAZON rumors can be confirmed (that would be awesome and only positive fundamentals)...
**Welcome to daily Bitcoin analysis**
Alright so Amazon accepting crypto news has helped Bitcoin surge to $40K, on Binance futures it even spiked to $48K.
I personally have a small position open from $32,300 and I was waiting for some pullback that didn't happen, and it's usually the case with bitcoin. You always don't get what you want.
I am still in no rush...
Many people ask for an analysis of altcoins.
What to do?
When to buy?
When to sell?
I get questions like this in my personal messages every day!
Let's figure out what to do.
The bitcoin dominance chart clearly shows that the price has broken away from the significant 40 mark. After that, it has been moving in an uptrend for a month, which is not good for...
Hello my friends!
Okay, you know this kind of charts. Many have already posted this. Me too. But nevertheless I would like to point out a special detail:
The Volume Moving Average is a basic technical indicator representing the average volume over a specified period of time. The D VMA200 is a very good indicator for the main levels of BTC...
BitCoin cryptocurrency has not pulled back to the strong imbalance shared with you a few months ago. Everyone is talking about Bitcoin, even my 87 years old mother asked me the other day what BitCoin was because she was hearing about it on the news all the time. If such an old person, unrelated to the crypto world, is suddenly interested in knowing what BitCoin...
After a schoolbook, Head and Shoulders chart pattern, BTC Bitcoin support level of 30-32K was broken by wicks down multiple times which is a bearish sign that could lead to a dip to the next major support level .
That`s why my first personal target is 24-25K usd per Bitcoin medium term price target.
I`m looking forward to read your opinion about it.
Bitcoin - Intraday - We look to Sell at 33420 (stop at 34202)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 33500.
Bespoke resistance is located at 33500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 31116 and 30516...
Everything is in Graph. if you don't know about Wickoff Strategy, i invite you to DYOR it.
- i will try to explain you how to counter Whales/institutionals as small retails investors
- of course this method can be adjusted with your portofolio, i just made it very simple to make peoples understand how to invest wisely.
- This Chart is based on the Money you don't...
There's no doubt I m bearish Bitcoin since 60k, and the main crypto didn't disappoint me, on the contrary...
Since the top, BtcUsd lost half of its value and it looks like it will not stop here.
Looking at the price action this week we can clearly see that rallies are sold and bears are in total control.
That being said I expect also a break under 30k and...
Fiat currencies are worth less than dog shit. They have 0 intrinsic value. Their printing costs near 0. Global debt to GDP has grown so much that only by printing money it can be 'paid back' (around 300-400%).
The new generation wants nothing to do with gold. The ones that hold it are central banks and gold bugs. The era of the Internet will not care about some...